Since the market expected a sharp drop in inflation data, US stocks/cryptocurrencies have rebounded. The key issues in the short and medium term are: 1). On the interest rate side, market expectations and the Fed's guidance are very different. For the Fed, an overly loose financial environment is not conducive to controlling inflation from continuing to decline. Who will bow first? 2.) After the inflation data is released, will the market logic go "expectation fulfillment" or "data confirmation"? In this round of bear market, although the market is proven to be wrong most of the time, there will always be a time when it will be right (bear market reversal point). This is the logic of the bulls. Logically chaotic expectation management makes me less likely to play the game. Technically, it seems that it will rise again. I personally tend to "expectation fulfillment", "the Fed continues to suppress the market", and "the market goes up first and then down". #crypto2023